Chartwell Escrow

Santa Monica, CA 90402

Single-Family Homes

Active Market Report | Weekly Update



Santa Monica, CA 90402

Tue Jul 01 2025
This week the median list price for Santa Monica, CA 90402 is $7,199,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 47. Click here to stay informed with the Santa Monica market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Santa Monica, CA 90402

Tue Jul 01 2025
This week the median list price for Santa Monica, CA 90402 is $7,199,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 47. Click here to stay informed with the Santa Monica market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $7,199,000
Median Price of New Listings $3,000,000
Per Square Foot $1,864
Average Days on Market 94
Median Days on Market 56
Price Decreased 32%
Price Increased 0%
Relisted 11%
Inventory 47
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$14,047,500 8,175 0.25 - 0.5 acre 5 6.5 31 0 0 70
$8,549,500 5,179 8,000 - 10,000 sqft 4 4.8 34 0 1 70
$5,772,500 3,058 8,000 - 10,000 sqft 4 3.8 61 0 1 59
$4,200,000 2,226 6,500 - 8,000 sqft 3 2.5 76 1 0 28